Man, that was lame. I almost fell asleep.
I really don’t have much to say about the debate. Normally after things like that, I spend hours re-playing it over in my head, taking it all in. Not this time.
I do have one question for Obama, though. He said that the greatest problem [...]
Okay, so a few of you just can’t seem to admit are not convinced that Fannie Mae had anything to do with the mortgage crisis. Here’s another attempt at making the point that the government created this financial crisis, not the free market.
Here’s how Fannie Mae is tied to the home mortgage crisis.
From The [...]
CNN has a commentary on the bailout by Jeffrey Miron, senior lecturer in economics at Harvard University. He’s a real libertarian, not just a conservative with libertarian leanings, like me.
Go have a look at it; it’s a pretty quick read.
He basically says what I said yesterday, that this is a government-created problem. Only, [...]
I have not said a whole lot about the bailout because there is just so much to this and I haven’t had time to put it all together in a post. There was also a lot going on and the final solution was still coming together.
Now that the bill failed in the House yesterday, [...]
So the surprising news this morning was that the Democrats and Bush agree on the terms of the bailout, but the Republicans are not on board.
People are shocked at this!
Conventional wisdom says that this type of bi-partisanship (Republican president, Democratic congress) means that the bill must be a good idea. So, why aren’t Republicans [...]
Continue reading about On the Bailout and Palin (But, Not Palin on the Bailout)
If only someone could have known the danger that Freddie Mac and Fannie Mae held for our entire economy.
Oh, wait…
It’s only 3 minutes. It is worth watching.
I have so much to say about this, but it will have to wait until later.
Feel free to share your thoughts in the comments, but you had better [...]
I was wondering if the government really needs to bailout anyone. I mean, won’t some non-government entity with lots of money come along and shore up the financial institutions worth saving? And don’t we want the bad ones to go under? I mean, what used to happen before the government started bailing [...]
Continue reading about What Others Are Saying About the Bailout
Shortly after Bob and I were first married, I wanted a house so badly I could taste it. I was tired of living in an apartment. I had already lived here over a year, with my two preschool-aged boys, before we were married, and the place seemed much smaller after Bob moved in.
So, [...]
Continue reading about My Personal Reflections on the Economy
Confused about the Vermont Sales Tax Holiday?
It doesn’t take a degree in economics to figure it out, but it sure helps.
Art Woolf, associate economics professor at UVM and Vermont Tiger contributor, offers a primer on Vermont’s sales tax holiday to help answer some of your questions.
The mainstream media coverage of the economic stimulus payments from China the US government has been abysmal. Reports give the impression that everyone who works will get $600, or $1200 for a couple. But what they leave out is that for people with a tax liability less than that, the payment will [...]
